Study of the benefits and disadvantages of STP’s accession to CEMAC

ECOPA led this evaluation of STP’s accession to the Monetary and Economic Community of Central Africa (CEMAC), including the impact of the Economic Partnership Association (EPA) between CEMAC and the EU and the accession to the CFA monetary zone.

The study provides accompanying measures to support the regional integration process and includes a macroeconomic dynamic Computable General Equilibrium model that estimates the quantitative impact of the CEMAC integration and the Economic Partnership Agreement on the economy of STP.

Extensive use of national and international trade databases (COMTRADE, WITS) was made.

For the European Commission (2008).